DApp Dive – Page 21 – Block Beat Daily

Pump.fun fee model distributes $2 million to creators in 24 hours

Pump.fun distributed $2 million to creators within 24 hours after implementing its new fee model, benefiting projects like BONK and WIF.

Pump.fun launched Project Ascend on Solana, increasing SOL transactions by 15% and integrating with Raydium and Orca for liquidity.

Pi Network expands with PiOnline DeFi game launch, adding 35 million users and integrating PI token for staking and rewards.

Pumpfun launches initiative on Solana to boost creator earnings 10x, aiming to become the hub for successful projects like Bonk and Dogwifhat.

Pump.fun launches Project Ascend to reduce rug pulls, targeting 50% fewer incidents by Q4 2024 with enhanced monitoring and liquidity safeguards.

Kraken and Backed expand tokenized US stocks to Ethereum via xStocks, including AAPL and TSLA, with over 50 assets now available on-chain.

xStocks launched tokenized equity on Ethereum, offering exposure to stocks like AAPL and TSLA with a 0.25% annual fee and blockchain settlement.

Underdog and Crypto.com launched a US sports prediction market in 2024, allowing users to bet on NFL and NBA outcomes using cryptocurrency.

Nvidia and Tesla stocks on Tron’s xStocks platform expanded after reaching a trading milestone of 1 million transactions in Q3 2023.

Pump.fun revenue surged 700% to $13.5 million in one week, driven by Solana and Ethereum memecoin activity, setting a new platform record.